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Nirmala Sitharaman Announces Capacity Expansion In IITs
New Delhi:
The Union Budget 2025 will have a focus on expansion of the Indian Institutes of Technology, promotion of education in Artificial Intelligence and Indian languages. Finance Minister Nirmala Sitharaman also noted that Budget 2025 focuses on the development of poor, youth, farmers and women.
The number of students have increased in 23 IITs by 100 per cent in the last 10 years. The Budget proposes to divert funds for creation of additional infrastructure in the five IITs established after 2014 for 6,500 students. The government also plans to expand IIT Patna in the country.
Ms Sitharaman has announced the set up around 50,000 Atal Tinkering Labs in the country in the next five years. All government secondary schools will be provided with broadband connectivity.
With an aim to provide education for better understanding in rural and remote regions, the government will promote education in Indian languages with the Bhartiya Bhasha Pustak Scheme.
Around five centres of excellence will be set up in the country with global expertise.
Centre of excellence in AI for education will announce three sectors of education.
The Union Budget talked about investing in people with Saksham Aganwadi and Poshan 2.0 programme. The programme will benefit more than 8 crore children, 20 lakh girls adolescent girls and pregnant women.
Union Finance Minister Nirmala Sitharaman says, “The investment and turnover limits for classification of all MSMEs will be enhanced to 2.5 and 2 times respectively. This will give them the confidence to grow and generate employment for our youth.”
Nirmala Sitharaman is presenting her eighth consecutive Budget. The late Morarji Desai holds the record for the maximum number of Budget speeches — ten — but these were not consecutive. Former Finance Minister P Chidambaram has presented nine Budgets.
In a major development, Finance Minister Nirmala Sitharaman has announced plans for capacity expansion in the Indian Institutes of Technology (IITs). This decision comes as part of the government’s efforts to enhance the quality of education and increase access to higher education for students across the country.
The expansion plan includes the establishment of new IITs in different states, as well as the addition of more seats in existing IITs. This move is expected to provide more opportunities for students to pursue their education in prestigious institutions like the IITs.
Sitharaman emphasized the importance of investing in education and research to drive innovation and economic growth in the country. She highlighted the government’s commitment to supporting the expansion of IITs and other higher education institutions to ensure that India remains at the forefront of technological advancements.
The announcement has been welcomed by students, educators, and industry experts alike, who see it as a positive step towards strengthening the education system in India. With the expansion of capacity in IITs, more students will have the opportunity to learn from top-notch faculty, engage in cutting-edge research, and prepare for successful careers in various fields.
Overall, the decision to expand capacity in IITs is a significant milestone in the government’s efforts to promote excellence in higher education and empower the youth of India to achieve their full potential.
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Nirmala Sitharaman, IITs, capacity expansion, education, higher education, government announcement, India, technology, research, development, innovation
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